Short Interest in Puma Se (OTCMKTS:PUMSY) Decreases By 74.5%

Puma Se (OTCMKTS:PUMSY) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 30,125 shares, a decrease of 74.5% from the November 30th total of 118,354 shares. Based on an average daily volume of 79,894 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 79,894 shares, the days-to-cover ratio is currently 0.4 days.

Analyst Upgrades and Downgrades

PUMSY has been the subject of a number of recent research reports. Sanford C. Bernstein assumed coverage on shares of Puma in a report on Thursday, September 11th. They set an “outperform” rating for the company. BNP Paribas upgraded shares of Puma from an “underperform” rating to a “neutral” rating in a research report on Tuesday, September 30th. UBS Group upgraded Puma to a “neutral” rating in a report on Monday, September 1st. Finally, Citigroup restated a “neutral” rating on shares of Puma in a report on Thursday, December 11th. One analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Puma has a consensus rating of “Hold”.

Puma Stock Up 0.4%

Shares of OTCMKTS PUMSY traded up $0.01 during trading on Friday, hitting $2.49. 7,916 shares of the company traded hands, compared to its average volume of 215,552. The company has a 50-day moving average price of $2.21 and a 200-day moving average price of $2.32. Puma has a 1 year low of $1.71 and a 1 year high of $4.72.

About Puma

Puma SE (OTCMKTS:PUMSY) is a German multinational company that designs, develops, markets and sells athletic and casual footwear, apparel and accessories. Founded in 1948 by Rudolf Dassler in Herzogenaurach, Germany, Puma has grown into one of the world’s leading sportswear brands. The company’s product portfolio spans performance-driven footwear for running, football and training, as well as sport-inspired lifestyle shoes and apparel. Complementary offerings include teamwear, bags, socks, headwear and various sports equipment.

Puma distributes its products through a diversified network of retail channels, including direct-to-consumer stores, e-commerce platforms, wholesale partners and licensed distributors.